United Finance Limited started its journey as United Leasing Company Limited in 1989 with a single product focus. Duncan Brothers Limited, a well established company operating in Bangladesh for over 150 years, Asian Development Bank, Commonwealth Corporation along with several local and international corporations came together to form this institution. In 1995, the Company obtained license from Bangladesh Bank as a financial institution and has been trading in A-category shares in the Dhaka Stock Exchange. United Finance is one of the only 13 financial institutions allowed by the Government to take Public Sector deposits. Initially United Finance focused on providing lease financing mostly to the medium sized customers but over the years, it has diversified its range of products to meet the financial needs of clients ranging from corporate to individuals, irrespective of size. The Company started operation as a leasing company with only one office in the capital. With the progression of time it expanded its wings to cover areas beyond Dhaka. Now United Finance operates through 19 business offices across the country bringing all 64 districts under its financial coverage.
United Finance Limited started its journey as United Leasing Company Limited in 1989 as a public limited company, to cater to the investment needs of our economy.
United Finance Milestones:
- Incorporation of the Company, April 27, 1989 - Commencement of operation, September 12, 1989 - Public Issue of shares, March 28, 1994 - Trading of shares on Dhaka Stock Exchange, June 23, 1994 - First dividend declared, April 20, 1995 - Authorised capital increased, May 18, 2000 - Launch of Fixed Investment Products, September 2005 - Commencement of Credit Sale Financing Operation, October 3, 2005 - Commencement of Extended Head Office (Noor Tower), June 13, 2008 - Commencement of Trainning Centre (Northern S.R.Tower), May 15, 2010 - Commencement of Affordable Home Loan Operation, September 2011 - Authorised capital increased, November 24, 2011 - Commencement of Distributor Financing Operation, April 2012 - Change of name to United Finance Limited, November 13, 2014
Branch Offices Opened:
- Chittagong Branch, June 16, 1994 - Jessore Branch, December 26, 2005 - Gazipur Branch, February 19, 2006 - Bogra Branch, June 19, 2006 - Sylhet Branch, January 27, 2010 - Rangpur Branch, November 23, 2010 - Chuadanga Branch, December 14, 2010 - Bongshal Branch, January 23, 2011 - Barisal Branch, May 19, 2011 - Noakhali Branch, June 28, 2011 - Farmgate Branch, December 21, 2011 - Rajshahi Branch, November 1, 2012 - Khulna Branch, December 31, 2012 - Mymensingh Branch, June 26, 2013 - Dinajpur Branch, December 11, 2013 - Cox’s Bazar Branch, December 11, 2013
Booth Offices Opened:
- Commencement of Booth Office (Belkuchi, Sirajgong), September 20, 2010 - Commencement of Booth Office (Rangamati), March 6, 2012